Financial Accounting Advisory Services - Ernst & Young

Ernst & Young Financial Accounting Advisory Services 1 Ernst & Young Financial Accounting Advisory Services Has never been more relevant to the market Ernst & Young Financial Accounting Advisory Services2 Ernst & Young Financial Accounting Advisory Services 3 Contents Financial Accounting Advisory Services ......................................................... 4 Scope and significance of Financial Accounting Advisory Services ................... 5 Why Financial Accounting Advisory Services is crucial to your business ........... 5 How you will benefit from Financial Accounting Advisory Services ................... 5 Ernst & Young key contacts. .......................................................................... 7 Ernst & Young Financial Accounting Advisory Services4 Financial Accounting Advisory Services All about the best people delivering focused and relevant services in an evolving business environment Around the world, the journey to success is governed

by increasingly complex and broadening regulatory requirements and stakeholder demands. Company reporting is entering beyond traditional financial statements, with organisations now confronted with complex changes like GAAP conversions, mergers and acquisitions, carveouts and IPOs that often require specialised accounting advice. You will need a tailored service and a consistent methodology to address these needs. Our methodology gives you the benefits of deep sector knowledge and the latest insights built on worldwide professional experience and expertise. Ernst & Young’s Financial Accounting Advisory Services delivers insightful solutions to its clients. Ernst & Young Financial Accounting Advisory Services 5 Scope and significance of Financial Accounting Advisory Services Financial Accounting Advisory Services is a part of our Assurance service line. It is streamlined to provide assistance on critical issues resulting from changes in accounting standards and regulatory requirements. This includes financial accounting advice covering: 1. GAAP conversion support 2. Transaction accounting 3. Financial reporting advice 4. Capital markets assistance (Including IPO) 5. Accounting and regulatory support 6. Accounting processes and controls support 7. Accounting compliance and reporting assistance 8. On-call financial reporting advice Why Financial Accounting Advisory Services is crucial to your business Enterprises are facing more risks and challenges, particularly in light of the increased complexities resulting from the ongoing changes and updates to the International Financial Reporting Standards (IFRS) and regulatory requirements. Ongoing changes and updates to IFRS and regulatory requirements will impact many aspects of your business operations, including financial reporting compliance and information technology that supports your financial reporting structure. The system and policy changes and modification process of this scale can generate new risks and challenges that your organization may need to monitor and control. This environment makes the role of Ernst & Young’s Financial Accounting Advisory Services more significant than ever before. Ernst & Young’s Financial Accounting Advisory Services professionals have a breadth of experience to deliver relevant business and industry insights to you. Through our commitment to thinking and being progressive, we strive to meet your needs in tune with the changes in the business environment that has a telling impact on your businesses operation and success. How you will benefit from Financial Accounting Advisory Services GAAP conversion support Financial Accounting Advisory Services extends full support for GAAP conversion and implementation by developing effective conversion and implementation plans. These include diagnostic reviews, selection of accounting policies, full conversions and advice on specific areas during a GAAP conversion,...

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